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s 28

Borrowing

In force

28 Borrowing

(1)

The Chemistry Centre may, with the prior approval of the Minister and the Treasurer and on the terms and conditions determined by the Treasurer —

(a)

borrow or re‑borrow money;

(b)

obtain credit; or

(c)

otherwise arrange for financial accommodation to be extended to the Chemistry Centre.

(2)

The total amount of money borrowed in any one financial year is not to exceed the amount determined by the Treasurer.

(3)

The Chemistry Centre is to keep any register that the regulations require for the purposes of this section.

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